auto industry - Latest news GMK Center

The company is discontinuing car production at its Dresden plant amid weak demand, cost pressures, and restructuring

Brussels considers postponing or revising rules amid competition with China and differences between countries

The region needs a regulatory framework that would provide the industry with a reliable long-term planning horizon

Uncertainty surrounding electric vehicles and trade barriers are holding back the industry's recovery in Europe

11 federal states demand regulatory alignment of climate targets for automotive and steel industries

According to the European Commissioner, the bloc also lacks strategic thinking in industrial policy

Associations ask EU leaders to ensure conditions for preserving investments and jobs

This will increase production in the country by 50% over the next four years

Car manufacturers warn of rising costs and more complicated steel import rules

The final decision has not yet been made, and the amount of investment and objectives may change

The company seeks to adapt production rates to the challenging European market

The EU automotive sector is experiencing a record decline, with forecasts for 2025 remaining negative